Blowing 20% of the account in a day indicates that unless you change your behaviour, all of your account will be blown up pretty soon. If you want to stay in the biz, start trading with a tenth of your current lots.

EURUSD

It is a common habit to mention a source, when quoting someone else ideas. Boys from ActionForex could have some objections...

EUR/GBP - What a great pair to trade!

Put a Stop at +25 pips now and wait for further ride down the slope

EUR/GBP - What a great pair to trade!

Sure, managed to sell at 0.9062, going to average endlessly and expecting return to .88 region again. Just a pure PA

EUR/GBP - What a great pair to trade!

We did url

EURUSD

Exemplary SL hunt, really nice one...

EURUSD

Except that is seldom works like that. Market is here to compete for your money and not to let you get rich in an easy way...

USD/CHF

you're welcome. But I really liked your formulation: "if you are desperate enough to play with this pair". Witty and apt.

USD/CHF

Cross? Are you sure you already mastered Fx terminology?

USD/CHF

In the long run, it is more important to protect your investment (account) than to gain more at the moment. Deflect from the rule - and you'll get burnt, sooner or later.

EUR/GBP - What a great pair to trade!

Hi, Skyzer I still remember, how everyonge was laughing at your posts when Euro fell to some 1.20 and everyone spoke about parity and euro oblivion. I just wonder, what they felt when euro rose some 2500 pips afterwards...

USD/CHF

Forget all such teories. Just a few months ago everyone was talking about euro going to parity and subparity and then oblivion and look at the sharp turn which followed. After big players will have devoured all the players trying to find to top, the ...

USD/CHF

or Elly...

AUD/USD

I think that on MT platforms the trailing stop is driven by platform itself. That means, once you log off, the last value remains valid at your broker.

EURUSD

Well, let's hope it doesn't happen too often. It is dangerously diverting traders from a really important things in life. Take an example from Ceasar or Conchy's posts, for that matter. Have a nice weekend, guys!

Cesarnc's market talk, gossips, rumours & fun

I usually do. Trading patterns. That's for my remark...

AUD/USD

from Bulkowski's Encyclopedia: "Rising wedges, especially for downward breakouts, are some of the worst performing chart patterns. Downward breakouts have unacceptably high failure rates and small post breakout declines. Also, pullbacks occur almost ...

AUD/USD

Yes, naturally. Not enough signals of some trend reversal and few traders willing to buy at such high levels - I too am sitting on my fingers. We will see...

EURUSD

Actually, they do it all the time. Simple proof: 90+% loosers. Should the market be driven just by fundamentals and bid/ask forces, winners' rate would follow more or less normal distribution. And with such a leverage as exists in forex, moving ...

Cable Update (GBPUSD)